Introduction
8VC is a venture capital firm focused on investing in and building transformative technology and life sciences companies. Founded with a vision to solve the world’s most pressing problems, 8VC partners with leading entrepreneurs and innovators to create impactful solutions across various industries.
With a strong emphasis on long-term value creation, 8VC aims to leverage technology to drive significant economic and societal advancements. The firm’s approach combines deep industry expertise with a commitment to supporting its portfolio companies through their growth journeys, from early-stage investments to market leadership.
Key Staff Members – Investors
Joe Lonsdale – Managing Partner
Kimmy Scotti- Founding Partner
Drew Oetting – Managing Partner
David Moskowitz – Partner
Jake Medwell – Founding Partner
Key (AEC) Tech Investments
8VC has made significant investments in the AEC (Architecture, Engineering, and Construction) technology space, particularly focusing on companies that are revolutionising how infrastructure is built and managed.
The Boring Company
Founded by Elon Musk, The Boring Company is working on advanced tunneling and infrastructure projects, aiming to reduce traffic congestion through underground transportation systems. 8VC’s investment supports the company’s innovative approach to solving urban transportation challenges.
Kojo (formerly Agora)
Kojo is a construction technology platform that streamlines procurement for contractors. By digitizing the materials management process, Kojo helps reduce costs, minimize delays, and increase efficiency in construction projects. This investment aligns with 8VC’s focus on improving operational efficiency in the construction industry.
Petra
Petra is a company that develops advanced tunneling technologies to cut through hard rock. Its innovative approach aims to make tunneling faster, safer, and more cost-effective. 8VC’s backing of Petra underscores its commitment to investing in technologies that can significantly enhance infrastructure development.
Focus Area In Construction Tech
8VC invests across a diverse range of industries, focusing on sectors where technology can drive substantial improvements and create lasting value. Key areas of interest include:
Healthcare and Life Sciences
Investing in companies that are transforming healthcare delivery, medical technology, and life sciences, aiming to improve patient outcomes and accessibility to care.
Enterprise and IT Infrastructure
Supporting businesses that are innovating in cloud computing, cybersecurity, and enterprise software, enabling organizations to operate more efficiently and securely.
Logistics and Manufacturing
Backing companies that are revolutionizing supply chain management, logistics, and manufacturing processes through automation and advanced technologies.
Financial Services
Investing in fintech companies that are reshaping financial services, providing more inclusive and efficient solutions for consumers and businesses.
Government and Defense
Focusing on technologies that enhance national security, defense capabilities, and government operations, ensuring safer and more effective public services.
Investment Strategy
8VC’s investment strategy is centered on identifying and partnering with visionary entrepreneurs who are developing solutions to complex, large-scale problems. The firm employs a hands-on approach, providing not only capital but also strategic guidance, operational support, and access to an extensive network of industry experts and resources.
Key elements of 8VC’s investment philosophy include:
Long-term Commitment: 8VC is dedicated to supporting its portfolio companies through their entire growth journey, from seed stage to IPO and beyond, ensuring they have the resources and guidance needed to succeed.
Collaborative Partnerships: The firm fosters a collaborative environment, working closely with founders to refine their business models, scale operations, and navigate challenges.
Innovation-Driven: 8VC prioritizes investments in cutting-edge technologies and disruptive business models that have the potential to create significant economic and societal value.
Impact Focused: The firm seeks investments that align with its mission of solving critical global challenges, ensuring that its portfolio companies contribute positively to society.
By combining these principles, 8VC aims to build a portfolio of high-impact companies that drive innovation and create lasting value across various industries.
Investment Metrics
Correct as of August 2024.
AEC-Tech Activity
Number of early AEC-Tech Unicorns: 0
AEC-Tech Rank: 6
Deal Activity
Number of deals in last 12 months (incl. follow-ons): 38
Number of deals per year in last 3 years (average, incl. follow-ons): 53
